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प्रश्न
Differentiate between a change in quantity demanded and a change in demand.
उत्तर
| Change in Quantity Demanded | Change in Demand |
| Change in quantity demanded refers to increase or decrease in quantity demanded for a commodity in response to decrease or increase in own price, other things remaining constant. | Change in demand refers to increase or decrease in demand for a commodity in response to change in other determinants of demand other than the price of the same commodity. |
| The consumer moves downward or upward along the same demand curve. | The demand curve shifts either rightward or leftward. |
संबंधित प्रश्न
What does a downward movement along the same demand curve indicate?
The goods whose demand decreases as income increases.
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What does a rightward shift of demand curve indicate?
Explain the diagram given alongside.
